The EFSA has completed the 2004 Insurance Yearbook
The EFSA has completed the 2004 Insurance Yearbook.
"In 2004, the insurance market continued with its rapid growth. Mainly it was fostered by the sales of loan insurance products. Also the sales of unit-linked life insurance accelerated. Besides fast growth, insurance, especially in non-life insurance reaped in the year 2004 also remarkably higher profits than in previous years," commented Andres Kurgpõld, member of the EFSA Management Board, about the developments of the Estonian insurance sector.
"The open insurance market brought in 2004 the first cross-border service providers and the first branch to Estonia. At the same time, the possibility to operate on the entire European insurance market is for Estonian insurance companies a new challenge as well as a chance to increase the number of customers," Kurgpõld added.
The list of supervised entities is available on the EFSA webpage www.fi.ee > Supervised entities. Publications prepared by the EFSA are available on the website: www.fi.ee > Press Center > Publications.